Gaming Realms plc
Climate Impact & Sustainability Data (2019, 2023)
Reporting Period: 2019
Environmental Metrics
ESG Focus Areas
- Responsible gambling
Social Achievements
- Built a tool for players to set their own limits on stakes and features within games.
- Funded research, education and treatment of problem gambling through donations to GambleAware.
- Only contract with licensed partners, ensuring that the players are given a high level of protection through these operators.
Governance Achievements
- Applied the Quoted Companies Alliance Corporate Governance Code (the ‘QCA Code’)
Climate Goals & Targets
Environmental Challenges
- Deterioration of the UK B2C real money online gaming market due to increased regulation and taxation.
- Highly competitive online and free-to-play gaming markets.
- Brexit uncertainties and its potential impact on EU market operations.
- Time to market for new products and games.
- Dependence on technology and third-party service providers.
- Business disruption, including the COVID-19 pandemic.
Mitigation Strategies
- Sold the B2C RMG business to focus on content development and international licensing.
- Investment in unique content and relationships with partners.
- Investing in technology and a dual product track.
- Using reliable and well-known suppliers and ensuring adequate contractual protection.
- Investing in employees and implementing industry-standard security protections.
- Actively monitoring developments and taking practical steps to mitigate disruption.
Supply Chain Management
Responsible Procurement
- Commitment to sustainable procurement and mitigation against modern slavery, anti-bribery and corruption, and data protection/privacy breaches.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: QCA Code
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Responsible Gambling
- Sustainability
Social Achievements
- Continued investment in employee well-being and responsible gambling initiatives.
- Gained ISO 27001 certification for managing information security.
Governance Achievements
- Application of the Quoted Companies Alliance Corporate Governance Code (QCA Code).
Climate Goals & Targets
Environmental Challenges
- Dynamic and complex regulatory regime for online gambling and gaming.
- Highly competitive online and free-to-play gaming markets.
- Time to market for new products and games.
- Dependence on technology and third-party service providers.
- Dependence on key personnel.
- Potential for business disruptions.
Mitigation Strategies
- Compliance team to ensure regulatory guidelines are met.
- Close legal counsel to advise on regulatory changes.
- Investment in unique IP and content to maintain competitive advantage.
- Dual product track to accelerate time to market.
- Investment in technology systems and security protections.
- Reliable and well-known third-party suppliers with adequate contractual protection.
- Investment in employee development and retention.
- Home working model and monitoring of employee well-being.
Supply Chain Management
Responsible Procurement
- Commitment to sustainable procurement.
- Mitigation against modern slavery, anti-bribery and corruption, and data protection/privacy breaches.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: QCA Code
Certifications: ISO 27001